s_fin_2017a_2017-05-05t13:42:30z7 Hearing Summary
Date: 05/05/2017
Location: SCR 357
BILL SUMMARY for HB17-1090
SENATE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Adopt amendment L.002 (Attachment C). The motion p Refer House Bill 17-1090, as amended, to the Commi |
Pass Without Objection PASS |
03:22 PM -- HB17-1090
Senators Kefalas and Gardner, co-prime sponsors, presented House Bill 17-1090, which extends the Advanced Industry Investment Income Tax Credit Program through tax years 2018 to 2022. The bill authorizes the Office of Economic Development and International Trade in the Governor's Office to issue $750,000 worth of state income tax credits each year from 2018 to 2022 to qualified investors. Senator Kefalas distributed amendment L.002 and a memorandum explaining the fiscal impact of amendment L.002 to the committee (Attachments C and D).
17SenateFin0505AttachC.pdf 17SenateFin0505AttachD.pdf
03:28 PM -- Jennifer Jones, representing the Colorado Bioscience Association, testified in support of the bill.
03:30 PM -- Elyse Blazevich, representing Securisyn Medical, testified in support of the bill.
03:33 PM -- Kelly Sloan, representing the Colorado Aviation Business Association, testified in support of the bill.
03:36 PM -- Jeff Kraft, representing the Governor's Office of Economic Development and International Trade, came to the table to respond to committee questions.
03:39 PM
Senator Kefalas and Mr. Kraft responded to additional committee questions.
03:45 PM
Ed DeCecco, Office of Legislative Legal Services, came to the table to respond to committee questions. Ms. Blazevich responded to committee questions.
03:54 PM
Sophia San Miguel, representing herself, testified on the bill.
03:56 PM
Louis Pino, Legislative Council Staff, came to the table to discuss the fiscal impact of amendment L.002.
| BILL: | HB17-1090 | |
| TIME: | 03:57:20 PM | |
| MOVED: | Tate | |
| MOTION: | Adopt amendment L.002 (Attachment C). The motion passed without objection. | |
| SECONDED: | ||
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VOTE
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Court
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Kagan
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Tate
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Hill
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Neville T.
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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| BILL: | HB17-1090 | |
| TIME: | 03:57:56 PM | |
| MOVED: | Tate | |
| MOTION: | Refer House Bill 17-1090, as amended, to the Committee on Appropriations. The motion passed on a vote of 3-2. | |
| SECONDED: | ||
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VOTE
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Court
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Yes
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Kagan
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Yes
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Tate
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Yes
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Hill
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No
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Neville T.
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No
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Final YES: 3 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS
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